Petrol prices down in latest adjustment, lowest in a year

Thursday, Aug 04, 2022

Retail prices of oil and petrol ped from 3pm on October 3 following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.

Fuel prices lowered as part of largest adjustment since early 2022

Monday, Jul 11, 2022

Fuel prices decreased by more than VND3,000 (US$0.13) per litre on July 11 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Petrol prices up nearly VND1,000 per litre

Friday, Jun 12, 2020

The ministries of Industry and Trade and Finance revised petrol prices up as of 3pm on Friday, marking the third consecutive increase so far this year.

Petrol prices go up on October 1

Wednesday, Oct 02, 2019

The retail prices of petrol and oil increased at 6pm on October 1 following the latest review of the ministries of Industry and Trade and Finance on the prices.

Petrol prices up nearly VND1,000 per litre

Friday, May 03, 2019

The Ministry of Industry and Trade and Finance Ministry revised petrol prices up on Thursday, marking the third time they had made price adjustments after using the price stabilisation fund.

Petrol prices continue to rise

Wednesday, Apr 17, 2019

The retail prices of petrol and oil continued to increase significantly in the latest review of the ministries of Industry and Trade and Finance at 3pm on Wednesday.

Petrol prices hiked in latest review

Tuesday, Apr 02, 2019

The retail prices of oil and petrol rose sharply on Tuesday following adjustments made by the ministries of finance and industry and trade.

Experts propose higher fuel tax

Tuesday, Mar 12, 2019

Researchers of the Central Institute of Economic Management (CIEM) have proposed the Government to levy special consumption tax rate for bio-fuel equal to 50 per cent of the tax rate for gasoline.

Petrol price increased by VND320 per litre

Friday, Sep 21, 2018

The retail price of bio-fuel E5 RON 92 rose VND320 to VND20,231 (US$0.87) per litre at 3pm Friday due rising global prices, the ministries of Industry and Trade and Finance announced.

Bio-fuel consumption rockets

Friday, Sep 14, 2018

Consumption of bio-fuel E5 RON 92 topped 1.78 million cubic metres in the first half of the year, a year-on-year increase of 31 per cent and accounting for over 40 per cent of total petrol consumption, according to the Ministry...

Petrol prices stable, oil prices decrease slightly

Monday, Jul 23, 2018

The price of bio-fuel E5 was kept unchanged while diesel 0.05S and kerosene increased slightly by VND213 and VND69 per litre, respectively, in the latest regular adjustment of petrol and oil prices as of 3pm on Monday.

Binh Phuoc ethanol plant to resume operation

Monday, Jun 25, 2018

National Oil and Gas Group (PetroVietnam) said it was coordinating with relevant partners to prepare for the resumption of Binh Phuoc Ethanol Plant in the southern province of Binh Phuoc. 

Petrol traders urged to lift bio market share

Friday, May 04, 2018

Wholesale petrol traders should make more efforts to raise the market share of bio-fuel E5 in the country, said Deputy Minister of Industry and Trade (MoIT) Do Thang Hai.

Saigon Petro proposes to bring A92 back

Tuesday, Mar 13, 2018

Saigon Petro has proposed to bring petrol A92 back to the market when the consumption of E5 bio-fuel is low and it is not meeting the target of environmental protection.

E5 fuel makes up 65% of petrol sales

Monday, Feb 05, 2018

The number of local consumers using E5 in their autos has been increasing rapidly, though bio-fuel has only been put into use nationwide for just the past month.